Revenue Recognition (Tables)

6 Months Ended

Jul. 01, 2018

Revenue Recognition

Schedule of disaggregation of revenue

	For the quarter  ended July 1, 2018								For the six months ended July 1, 2018
			(in millions)								(in millions)
	Americas		Europe		APMEA		Consolidated		Americas		Europe		APMEA		Consolidated
Distribution Channel
Wholesale	$	150.6	$	78.5	$	16.9	$	246.0	$	287.2	$	161.2	$	29.6	$	478.0
OEM		20.1		37.9		0.3		58.3		39.2		77.4		0.8		117.4
Specialty		86.1		—		1.6		87.7		153.7		—		2.8		156.5
DIY		15.2		0.7		—		15.9		33.0		1.5		—		34.5
Total	$	272.0	$	117.1	$	18.8	$	407.9	$	513.1	$	240.1	$	33.2	$	786.4
	For the quarter  ended July 1, 2018								For the six months ended July 1, 2018
			(in millions)								(in millions)
Principal Product Line	Americas		Europe		APMEA		Consolidated		Americas		Europe		APMEA		Consolidated
Residential & Commercial Flow Control	$	151.0	$	44.7	$	13.2	$	208.9	$	290.9	$	92.0	$	22.7	$	405.6
HVAC and Gas Products		80.6		49.4		5.0		135.0		143.1		103.3		9.3		255.7
Drainage and Water Re-use Products		18.9		22.6		0.4		41.9		35.4		44.2		0.7		80.3
Water Quality Products		21.5		0.4		0.2		22.1		43.7		0.6		0.5		44.8
Total	$	272.0	$	117.1	$	18.8	$	407.9	$	513.1	$	240.1	$	33.2	$	786.4

Schedule of contract assets and contract liabilities

	Contract		Contract		Contract
	Assets		Liabilities - Current		Liabilities - Noncurrent
			(in millions)
Balance - January 1, 2018	$	0.6	$	11.3	$	2.1
Change in period		1.1		0.2		0.3
Balance - April 1, 2018	$	1.7	$	11.5	$	2.4
Change in period		(0.3)		0.1		0.3
Balance - July 1, 2018	$	1.4	$	11.6	$	2.7